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Lending criteria

Acceptable deposit sources

Acceptable Deposits:

  • Consumer Buy To Let (CBTL)
  • Savings
  • Release of equity
  • Deposit incentive scheme for non-new build properties (providing the amount is deducted from the purchase price). Where deposit funds are held in an applicant's savings/bank account - evidence of this must be obtained.
  • Gifted deposit from a family member: cash gifts towards the purchase of a property can be accepted if the individual providing the gift is a family member. By family, we mean a relation by blood or law or if you are in a relationship and co-habiting.